Trustco: Update on the Publication of the Annual Financial Statements for the Period Ended 31 August 2024 TRUSTCO GROUP HOLDINGS LIMITED Incorporated in the Republic of Namibia (Registration number 2003/058) Registered as an external company in South Africa (External registration number 2009/002634/10) NSX share code: TUC JSE share code: TTO OTCQX share code: TSCHY ISIN Number: NA000A0RF067 ("Trustco" or "Company") TRUSTCO GROUP HOLDINGS LIMITED ("TRUSTCO"): UPDATE ON THE PUBLICATION OF THE ANNUAL FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 ("AFS FY2024") Shareholders are referred to the announcements published on SENS dated 12 May and 10 June 2025, respectively. Trustco previously indicated that the Company expects to publish its AFS for FY 2024 by 30 June 2025. The delay in the publication of the AFS FY2024 remains due to the number of different processes being run concurrently. In December 2023, the JSE amended its Listings Requirements, including updates to the auditor accreditation criteria, which impacted Trustco's audit obligations as a Namibian company. In order to align with the updated requirements, Trustco submitted a request to the JSE for a ruling to waive the obligations set out in section 3.87 prior to the release of its annual financial statements. Once feedback is received from the JSE, further details regarding the timing of the publication of the FY 2024 AFS will be provided. The audit process remains ongoing and shareholders will be kept updated on the progress of the publication of the AFS for FY 2024. Windhoek, Namibia, 7 July 2025 Windhoek, Namibia, Komada Holdings (Pty) Ltd Company Secretary and Investor Relations Services to Trustco Group Holdings Limited JSE Sponsor Vunani Sponsors NSX Sponsor Simonis Storm Securities Proprietary Limited – Windhoek OTCQX Sponsor J.P Galda & Co – New York Date: 07-07-2025 05:38:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.